The analysts forecast the global traction transformers market to grow at
a CAGR of 5.74% during the period 2017-2021.

Global Traction Transformers Market 2017-2021, has been prepared based
on an in-depth market analysis with inputs from industry experts. The
report covers the market landscape and its growth prospects over the
coming years. The report also includes a discussion of the key vendors
operating in this market.

One trend in the market is growing inclination toward public
transportation. With economic growth, countries are increasing their
investments in rail infrastructure projects to provide better public
transport services in the form of better connectivity between different
cities, increasing the line of operations for inter-city transit, and
developing high-speed trains.

One driver in the market is growth in urban mobility solutions. Rapid
economic growth has spurred countries to increase their investments in
railway infrastructure projects to provide better public transport
services.

These include increasing the connectivity between cities, line of
operations for intercity transit, and high-speed trains. India has
invested a huge sum of money in the development of metro and monorail
projects to improve public transport connectivity.